Safety National Casualty Corporation, a US firm specializes in excess workers’ compensation and provider of large casualty offerings, has rolled out a new crisis management and extraction benefit offering.
The new Safety National Crisis Protection policy has been designed especially for the company’s excess and large deductible workers’ compensation policyholders with an annual, aggregate limit for each complimentary benefit, or any mixture of the two, of $50,000.
The company said that the new policy is available to the policyholders only if their business undergoes a qualifying ‘Domestic Crisis Event’ or "International Extraction Crisis Event."
In the event of a crisis, the complimentary benefit is instantly accessible to policyholders to help reduce post-crisis risk to the organization, its stakeholders and employees directly involved in the event including immediate family of the involved employee.
Safety National Casualty Corporation risk control services assistant vice president David Snodgrass said that the company is pleased to be the first carrier to offer crisis management and international extraction as a complimentary benefit to its excess and large deductible policyholders.
"Our growing suite of value-added products and services, which now includes Safety National Crisis Protection, is a key differentiator for us in the industry as we continue to identify and address the emerging needs of our clients," Snodgrass added.